As of today (2024-05-25), NuVasive's share price is $39.75. NuVasive's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $1.61. Hence, NuVasive's Price to Tangible Book Ratio of today is 24.74.
The historical rank and industry rank for NuVasive's Price-to-Tangible-Book or its related term are showing as below:
NUVA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 12.58 Med: 38.96 Max: 141.95
Current: 38.96
During the past 13 years, NuVasive's highest Price to Tangible Book Ratio was 141.95. The lowest was 12.58. And the median was 38.96.
NUVA's Price-to-Tangible-Book is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 2.7
vs NUVA: 38.96
A closely related ratio is called PB Ratio. As of today, NuVasive's share price is $39.75. NuVasive's Book Value per Sharefor the quarter that ended in Jun. 2023 was $17.02. Hence, NuVasive's P/B Ratio of today is 2.34.
NuVasive Price-to-Tangible-Book Historical Data
The historical data trend for NuVasive's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of NuVasive's Price-to-Tangible-Book
For the Medical Devices subindustry, NuVasive's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NuVasive's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, NuVasive's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where NuVasive's Price-to-Tangible-Book falls into.
NuVasive Price-to-Tangible-Book Calculation
NuVasive's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
NuVasive Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of NuVasive's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
NuVasive Inc is a medical technology company focused on developing, manufacturing, selling and providing procedural solutions for spine surgery, with a guiding purpose to transform surgery, advance care and change lives. The company has a portfolio of procedurally integrated spine surgery solutions, including surgical access instruments, spinal implants, fixation systems, biologics, and enabling technologies, as well as systems and services for intraoperative neuromonitoring. It also develop and sell magnetically adjustable implant systems for spine and specialized orthopedic procedures.
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